Decision
Analysis
outcome: Approval was given to enter into the legal documentation required to complete the sale of Teville Gate to Homes England.
summary: The decision involves the sale of Teville Gate to Homes England for £5.1m to facilitate the development of over 250 homes with an emphasis on placemaking and regeneration in an area where the market has failed.
topline: The Assistant Director Regenerative Development (CLT) has decided to approve the sale of Teville Gate to Homes England, marking a significant step in the area's regeneration.
reason_contentious: The issue may be contentious due to the strategic significance of the Teville Gate site, potential local opposition or support for the development, and the impact on the community and local market.
affected_stakeholders: Local residents, businesses, potential homebuyers, Homes England, and the local council are affected by this decision.
contentiousness_score: The contentiousness score cannot be determined from the provided information as it requires knowledge of local stakeholder opinions and political dynamics.
political_party_relevance: There is no direct mention of political parties or political influence on the decision in the provided information.
URL: https://democracy.adur-worthing.gov.uk/ieDecisionDetails.aspx?ID=1031
Decision Maker: Assistant Director Regenerative Development (CLT)
Outcome:
Is Key Decision?: Yes
Is Callable In?: No
Purpose:
Content: That following completion of the necessary negotiation in relation to the sale of Teville Gate to Homes England and in consultation with the Cabinet Member for Regeneration, I have given approval to enter into the legal documentation required to effect legal completion of the sale of Teville Gate to Homes England Following negotiations with Homes England, in December 2023 Homes England had made an offer of £5.1m for the unconditional freehold sale for Teville Gate. The Homes England offer utilises their Brownfield Infrastructure and Land Fund - making Worthing the first recipient of this intervention in the South. Homes England anticipated delivering over 250 homes in a lower density, lower height development which places a significant emphasis on successful placemaking and delivery. Homes England recognised the strategic significance of Teville Gate and had signalled its ambition to: · drive regeneration and housing delivery to create high-quality homes and thriving places; · work with partners to support them and enable the delivery of new homes and housing-led, mixed-use regeneration; · deliver place making and regeneration of the area; · intervene where the market has failed; and · deliver mixed-tenure housing that Worthing needs Under instructions from the Worthing Joint Strategic Committee the necessary negotiation has taken place to complete the sale none I do not have a disclosable pecuniary interest, or conflict of interest.
Date of Decision: March 26, 2024